Establishment of Investment Accounts Sample Clauses

Establishment of Investment Accounts. Participants who were in the Subsidiary Plan shall be given the opportunity to elect to invest their existing accounts and new contributions in one or more of the investment options offered in the Parent Plan, to be effective on or after the Merger Effective Date. Such elections, as well as the administration of such elections, shall occur concurrently with or as soon as possible following the Merger Effective Date.
Sample 1
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Establishment of Investment Accounts. The Benefit Committee shall direct the Master Trustee to establish on its books and records accounts sufficient to accommodate investment options, available to the employees. The Benefit Committee shall establish an investment purpose for each account, either by separate written designation or through an agreement between the Benefit Committee and the Master Trustee that shall incorporate therein the investment purposes and, if applicable, the investment restrictions which the Plan provides as to investment options. The Master Trustee shall initially establish and maintain such investment funds as described in Appendix D. Should the Benefit Committee direct the Master Trustee to establish additional special investment accounts or funds, the Benefit Committee shall direct the Master Trustee as to the nature and objectives that such account or fund is to achieve. The Benefit Committee, in the manner provided in Section 15.1, may delegate to a special investment committee the power to direct the general investment philosophy as to such special accounts or funds. In the investment of any special account or fund, the Master Trustee may utilize all or any part of the
Sample 1
Establishment of Investment Accounts. (a) The Company may direct the Trustee to establish one or more separate investment accounts within the Trust Fund, each separate account being hereinafter referred to as an "Investment Account." The Trustee shall transfer to each such Investment Account such portion of the assets of the Trust as the Company directs. The Trustee shall be under no duty to question, and shall not incur any liability on account of following any direction of the Company. The Trustee shall be under no duty to review the investment guidelines, objectives and restrictions established, or the specific investment directions given, by the Company for any Investment Account, or to make suggestions to the Company in connection therewith.
Sample 1
Establishment of Investment Accounts. (a) The Investment Committee acting on behalf of the Sponsor may, pursuant to authorization by the Oversight Committee, provide Instructions directing the Trustee to establish one or more separate investment accounts within the Trust Fund, each separate account being hereinafter referred to as an “Investment Account.” The Trustee shall transfer to each Investment Account those assets of the Trust Fund in accordance with such Instructions. The Investment Committee also may provide Instructions directing the Trustee to eliminate one or more Investment Accounts, and the Trustee shall thereupon dispose of the assets of any such Investment Account and reinvest the proceeds in accordance with the Instructions of the Investment Committee. The Trustee shall be under no duty to question, and shall not incur any liability on account of following, any Instruction of the Investment Committee with respect to the establishment or elimination of any Investment Account or the allocation or transfer of property between or among any Investment Accounts. The Trustee shall be under no duty to review the investment guidelines, objectives and restrictions established, or the specific investment Instructions given, by the Investment Committee for any Investment Account, or to make suggestions to the Investment Committee in connection therewith. The investment of an Investment Account shall be governed by either Section 4.3 (Sponsor Directed Investment Accounts), Section 5.11 or by Section 4.4 (Trustee Directed Investment Accounts), and the Trustee shall have no investment responsibilities other than as specifically set forth in those Sections.
Sample 1
Establishment of Investment Accounts. At your request, and with the Bank’s approval, we will establish for you a non-FDIC insured account for your Eurodollar deposit (“Eurodollar Account”) your Federal Funds deposit (“Federal Funds Account”), or your government securities repurchase account (“Repo Account”) in accordance with the information you provide to us.
Sample 1

Related to Establishment of Investment Accounts

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Establishment of Deposit Account The Financial Institution hereby confirms and agrees that:

  • Establishment of Collateral Accounts The Custodian hereby confirms and agrees that:

  • Establishment of Accounts The Escrow Agent hereby instructs the Depositary, and the Depositary agrees, to establish the separate deposit accounts listed on Schedule I hereto and to establish such additional separate deposit accounts as may be required in connection with the deposits contemplated by Section 2.4 hereof (each, an “Account” and collectively, the “Accounts”), each in the name of the Escrow Agent and all on the terms and conditions set forth in this Agreement.

  • Investment Account The Manager shall maintain an investment account or accounts in the Manager’s name (the “Account”) on behalf of the Principal, any other participating insurer affiliated with the Principal and/or the Ultimate Parent Company, an insurance subsidiary or affiliate of the Principal and/or the Ultimate Parent Company or a pension plan or profit-sharing plan of the Principal, its insurance subsidiaries or affiliates, (collectively, the “Participants”), and shall hold therein all debt obligations, accounts or deposits permitted by the New Hampshire Insurance Code as more fully described on Exhibit A, as may be amended from time to time, and attached hereto and incorporated herein (collectively, “Investments”), deposited in or purchased or otherwise acquired for and on behalf of the Principal and the Participants from time to time pursuant to the terms and conditions of this Agreement. All Investments in the Account shall be Short-Term Obligations.

  • Establishment of Bank Accounts On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of ), each in the name “ , as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - “, to be designated as follows:

  • Establishment of Trust Accounts (a) (i) The Servicer, for the benefit of the Noteholders and the Certificateholders, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account (the “Collection Account”), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Noteholders and the Certificateholders.

  • Establishment of Collateral Account The Securities Intermediary hereby confirms that:

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